Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Down 6.1%

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price dropped 6.1% during mid-day trading on Thursday . The stock traded as low as $9.87 and last traded at $9.96. Approximately 23,314,678 shares were traded during trading, a decline of 24% from the average daily volume of 30,656,109 shares. The stock had previously closed at $10.61.

Direxion Daily TSLA Bull 2X Shares Price Performance

The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The firm has a 50 day simple moving average of $10.95 and a 200-day simple moving average of $9.05.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were issued a dividend of $0.0818 per share. The ex-dividend date of this dividend was Tuesday, June 25th.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

Hedge funds have recently modified their holdings of the business. Capital Investment Advisory Services LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $29,000. Headlands Technologies LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth about $54,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $144,000. Beacon Capital Management LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at approximately $120,000. Finally, AE Wealth Management LLC raised its position in Direxion Daily TSLA Bull 2X Shares by 16.0% in the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock valued at $133,000 after buying an additional 2,000 shares during the last quarter.

Direxion Daily TSLA Bull 2X Shares Company Profile